Background& History Carrefour is a French multinational retailer whose headquarter is located in France. Due to successful store models‚ it has become one of the largest supermarket chains in the world (Carrefour Group‚ 2012) and considered to be the second largest retail group after Wal-Mart (Member of Deloitte Touche Tohmatsu Limited‚ 2013). Carrefour operates their stores all over the world‚ especially in three major markets: Asian‚ Europe and Latin America (As figure 1 shown). Alexandre (2000)
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Report 2011 - 3 1 Consolidated Financial Statements Management’s discussion and analysis year ended December 31‚ 2011 Management’s discussion and analysis year ended December 31‚ 2011 This is a free translation into English of the Carrefour Group’s financial report for 2011 which is issued in the French langague‚ and is provided solely for the convenience of English speaking users. Sales and earnings performance MAIN EARNINGS INDICATORS (in millions of euros) 2011 81‚271 2
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Stakeholders Carrefour Group Employees as stakeholders: Carrefour is planning to become distinction from others in terms of human resources management and social responsibility in all the countries where it operates. Attracting‚ training‚ supporting and retaining loyalty while remaining open to people from a diverse range of backgrounds. The group do its best to ensure that all employees fulfill their potential and perform to the best of their abilities. Carrefour recruits 90% of its
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Burger King is the world’s largest flame- broiled fast food restaurant chain. 65 As of mid- 2009‚ it operated about 12‚000 restaurants in all 50 states and in 74 countries and U. S. territories worldwide through a combination of company- owned and franchised operations‚ which together employed nearly 400‚000 people worldwide. Only Yum Brands ( A& W‚ KFC‚ Long John Silver‚ Pizza Hut‚ and Taco Bell)‚ McDonald’s‚ and Subway‚ with 36‚000‚ 32‚000‚ and 28‚000 restaurants‚ respectively‚ were larger. Given
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Wal-Mart Stores (WMT) Founders Facts and Trivia: On May 9‚ 1950‚ Sam Walton opened up Walton ’s 5&10 in Bentonville‚ Arkansas. The first store with the Wal-Mart name was opened in 1962 in Rogers‚ AR‚ financed 95% by Sam Walton himself. Wal-Mart ’s Headquarters: The corporate headquarters of the world ’s largest retail company‚ Wal-Mart‚ are located in Bentonville‚ AR‚ where founder Sam Walton started it all. The Mission Statement and Purpose of Wal-Mart (WMT) Wal-Mart ’s advertised
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of great uncertainty and increasing volatility in the overall business climate‚ Carrefour‚ the world’s second largest retailer aims to accelerate growth. Through a strategic lens‚ we seek to review and identify the various key areas that Carrefour need to focus so as to gain a stronger foothold in Asia. 1.1 The Research Background The purpose of the assignment is to analyze the business environment of Carrefour and ensure strategic integration of its people and policies with the aim of bringing
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Strategic Management in Organization Portfolio Assessment Details Part A-i “Is Porsche Killing the Golden Goose? (Business Strategy)” Word count: 543 Part A-ii “Nike’s Core Competency: The Risky Business of Fairly Tales” Word count: 621 Part A-i Porsche Business Strategy In the luxury car industry that Porsche has developed for more than 100 years built a strong industry barrier for new comers‚ including the aspect of capital‚ technology‚ reputation and experiences. Recently‚ Porsche modified
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RETAIL INNOVATIONS CASE STUDY Carrefour: Hypermarket Reinvention Carrefour’s approach to revitalizing its hypermarket format and key action points for retailers looking to improve their large format store sales Reference Code: CM00028-002 Publication Date: December 2010 OVERVIEW Summary Verdict’s Retail Innovations case studies are new for 2010. Each profile provides an evaluation of a company that stands out due to a set of unique characteristics‚ or a particular strategic initiative
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A Comparative Study of Strategies Adopted by Wal-Mart and Carrefour in China: A Resource-Based Perspective By Yue‚ LIU September 2007 Acknowledgements I appreciate my dissertation supervisor Dr Wang‚ for his continuous patience‚ support‚ guidance and constructive comment throughout the period of my dissertation. I would like to thank the professors and lectures from whom I learned a lot throughout my master year. I also would like to show my gratitude to Nottingham University Business
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EXTERNAL ENVIRONMENT • Demographic: | |China |Japan |Malaysia | |Carrefour |29 |84‚000 |50 | |Metro |22 |46‚900 |45 | |Ito-Yokado |12 |27‚238
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